Morley, IA Real Estate

According to census data in the year 2000 there were 50 housing units in Morley. This represents a 16.3% growth from 43 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 50 were located in what is classified as a rural area.

Homeownership rate in Morley is about 71.4%. Morley's vacancy rate, including seasonal lodging, is about 16%. Average household size is 1.95 people.

The majority of houses, apartments or condos in Morley were built after 1942.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14%
Two Bedrooms26%
Three Bedrooms60%
Four Bedrooms0%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1939
Median Value of occupied units$48,800

Rented Homes, Apartments and Condos

Average Household Size1.58
Median year structure was built1973

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.70%
Home Equity Loan7.70%
Simple Mortgage61.50%
Debt Free23.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%